CHANGE IN THE NUMBER OF BENEFICIARIES OF ACAS SINCE 2012
This graph shows the change in the number of beneficiaries of ACAS since 2012
2012: 2,177
2013: 2,092
2014: 1,978
2015: 1,943
2016: 2,079
2017: 2,038
2018: 2,141
2019: 2,107
2020: 2,208
2021: 2,408
7.4.2. Stock option plans for the subscription and purchase of L’Oréal S.A. shares
No stock options for the purchase or subscription of shares were granted in 2021, as the Board of Directors has decided since 2012,on the proposal of the Human Resources and Remuneration Committee, to replace the grant of stock options by ACAs for all beneficiaries including the Chief Executive Officer.
7.4.2.1. Stock option plans for L’Oréal S.A. shares (1)
As at 31 December 2021, no stock option plans for L’Oréal S.A. were in progress; the previous plan, decided by the Board of Directors on 22 April 2011, expired on 22 April 2021.
Information about the stock option plan of 22 April 2011, which expired on 22 April 2021, is shown in the table below.
| ANNUAL GENERAL MEETING AUTHORISATION DATE | 22.04.2011 |
|---|---|
| Date of Board of Directors’ Meeting | Date of Board of Directors’ Meeting22.04.201122.04.2011 |
| Total number of beneficiaries | Total number of beneficiaries 22.04.201189 |
| Total number of shares that may be subscribed or purchased | Total number of shares that may be subscribed or purchased 22.04.20111,470,000 |
| Including the number that may be subscribed or purchased by corporate officers(1) : | Including the number that may be subscribed or purchased by corporate officers (1): 22.04.2011200,000(2) |
| ● Mr Jean-Paul Agon | ● Mr Jean-Paul Agon 22.04.2011
|
| Start date of exercising the options | Start date of exercising the options 22.04.201123.04.2016 |
| Date of expiry | Date of expiry 22.04.201122.04.2021 |
| Subscription or acquisition price (€) | Subscription or acquisition price (€) 22.04.201183.19 |
| Number of stock options exercised at 31.12.2021 | Number of stock options exercised at 31.12.2021 22.04.20111,231,000 |
| Total number of stock options or stock purchases that have been cancelled or expired | Total number of stock options or stock purchases that have been cancelled or expired 22.04.2011239,000 |
| Number of share subscription or purchase options remaining at the end of the financial year | Number of share subscription or purchase options remaining at the end of the financial year22.04.2011 0 |
(1) This is the number of stock options granted to corporate officers during their term of office within the context of each of the above-mentioned plans.
(2) The Board of Directors’ Meeting of 22 April 2011 had allotted 400,000 share subscription options to Mr Jean-Paul Agon. Mr Jean-Paul Agon waived 200,000 of these options. He therefore benefited from 200,000 stock options under the plan decided by the Board of Directors on 22 April 2011.
(1) L’Oréal does not have any plans for stock options in L’Oréal subsidiaries.